Meet the Tarrant Appraisal District Candidates Who Are Going To Fix Your Taxes

yeah you just brought up like this you know the concept of people are getting hosed it wasn't just you it's your friends how bad is this uh inequality you also mentioned going on right now in tarrant county

specifically i mean there's so there's 750 000 taxable properties in the county and and we know of the estimated about 190,000 of them are being unfairly taxed, they're paying taxes on a value that got frozen in two years ago, coming off a super hot real estate market.

And so you know, think about that two years ago, when this got put in place, it was an easy sell at the time, because everyone was like, Hey, my taxes, my values keep going up every year, my taxes are killing me, we got to do something.

But cap would have been nice, but freeze is not great because a freeze means it can't come down when the market flattens out.

And what's happened in the last two years, it's exactly that flattened out or even come down in certain areas.

And when you look at the spectrum of, of property values, if, if you focus in, if you kind of drill down into that sweet spot in the $400,000 and below are feeling the worst pinch.

Above that, you know, the margins are thicker and the benefits are actually better for that higher end of the market value.

So I

want to just make that really clear.

If you live in a more expensive home you're paying less in taxes than if you live in a less expensive home.

So at a $100,000 home, you're being taxed at like 105% of the value of that home.

If you live in like a $800,000 home, you're being taxed at about 80% of the value.

And there's a there's a graph that Ambika has on her website and Tad even has it on their website that shows that very clearly.

I'm taking a piece of paper everywhere I go showing and the chief appraiser has said we've got to flatten that line out.

Because it's also you mentioned like rules, basically, like we're not following the rules.

Well, yeah.

So, Ted, you know, you're supposed you can by law have you must have appraisal once every three year.

You can have it every year.

It's up to the appraisal district, but you must have once every three years.

So the other side says, well, we're following the law.

It's once every three years.

Yes.

But you also must be within your constitutional mandate, which is the appraisals every year must be equal and uniform.

And what Phyllis was and what he both of us, three of us are talking about is we have evidence, evidence data from Tad themselves that appraisals have not been.

So there is a graph and I can provide that for your audience.